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What happens when demand exceeds available supply? | Walkthrough Wednesday
Built with Billd
English - November 24, 2021 10:00 - 6 minutes - 8.91 MBManagement Business Education commercialrealestate construction constructioneducation constructionfinancing contractors funding materialpurchasing materialsuppliers purchasingterms subcontractors Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Understanding debt vs. equity financing | Finance Friday
The largest federal spending package on roads and bridges in over 70 years has just been passed.
$550 Billion dollars will now be going into various infrastructure projects across the United States.
However, this new influx of civil work comes at a time when labor shortages are already plaguing the industry.
Due to demand exceeding the available supply, skilled workers will become even more valuable than they already are.
"No time in the past generation or past ages have employees had more power," - Tatenda Tazarurwa, Director for Turner and Townsend
Here's what you can do to combat this uphill battle